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POCI (Precision Optics) 1-Year Share Buyback Ratio : -4.70% (As of Dec. 2024 )


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What is Precision Optics 1-Year Share Buyback Ratio?

Shares Outstanding (EOP) are shares that have been authorized, issued, and purchased by investors and are held by them.

1-Year Share Buyback Ratio measures the proportion of a company's outstanding shares repurchased over the past year, calculated as the percentage change in shares outstanding from the previous year to the current year. A positive ratio may indicates share buybacks over the period, while a zero or negative ratio suggests no buybacks or potential share issuance. Precision Optics's current 1-Year Share Buyback Ratio was -4.70%.

POCI's 1-Year Share Buyback Ratio is ranked worse than
56.17% of 575 companies
in the Medical Devices & Instruments industry
Industry Median: -2.6 vs POCI: -4.70

Competitive Comparison of Precision Optics's 1-Year Share Buyback Ratio

For the Medical Instruments & Supplies subindustry, Precision Optics's 1-Year Share Buyback Ratio, along with its competitors' market caps and 1-Year Share Buyback Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Precision Optics's 1-Year Share Buyback Ratio Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Precision Optics's 1-Year Share Buyback Ratio distribution charts can be found below:

* The bar in red indicates where Precision Optics's 1-Year Share Buyback Ratio falls into.


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Precision Optics 1-Year Share Buyback Ratio Calculation

Precision Optics's 1-Year Share Buyback Ratio for the quarter that ended in Dec. 2024 is calculated as

1-Year Share Buyback Ratio=(Shares Outstanding (EOP) (Dec. 2023 ) - Shares Outstanding (EOP) (Dec. 2024 )) / Shares Outstanding (EOP) (Dec. 2023 )
=(6.068 - 6.356) / 6.068
=-4.7%

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Precision Optics  (NAS:POCI) 1-Year Share Buyback Ratio Explanation

A positive ratio may indicates share buybacks over the period, while a zero or negative ratio suggests no buybacks or potential share issuance.


Be Aware

Investors usually like share buybacks. But as pointed by Warren Buffett, only if a company buys back shares at the prices below the stock's intrinsic value, it rewards remaining shareholders. If a company buys its overvalued stocks back, it destroys shareholder value.


Precision Optics 1-Year Share Buyback Ratio Related Terms


Precision Optics Business Description

Traded in Other Exchanges
N/A
Address
22 East Broadway, Gardner, MA, USA, 01440
Precision Optics Corp Inc is engaged in designing, developing, and manufacturing advanced optical instruments. It manufactures medical products such as endoscopes and endocouplers which incorporate various optical technologies for use in a variety of minimally invasive surgical and diagnostic procedures. The company also produces endoscopes for various applications as well as designs and manufactures custom optical medical devices to satisfy customers' specific requirements. In addition, the company manufactures and sells components and assemblies specially designed for industrial and military use. The company earns the majority of its revenue from the United States.
Executives
Peter V. Anania director, 10 percent owner C/O PRECISION OPTICS CORPORATION, INC., 22 EAST BROADWAY, GARDNER MA 01440
Mahesh Lawande officer: Chief Operating Officer 14 PUTNAM ROAD, ACTON MA 01720
Wayne M Coll officer: Chief Financial Officer
Joseph Norman Forkey director, officer: Chief Executive Officer C/O PRECISION OPTICS CORPORATION INC, 22 EAST BROADWAY, GARDNER MA 01440
Edward Kevin Dahill officer: Interim CFO 137 HOLLOW TREE RIDGE ROAD, DARIEN CT 06820
Norman H Pessin 10 percent owner C/O LEVY, HARKINS & CO., INC., 366 MADISON AVENUE, 14TH FLOOR, NEW YORK NY 10017
Sandra F Pessin 10 percent owner C/O NORMAN PESSIN, 366 MADISON AVENUE, 14TH FLOOR, NEW YORK NY 10017
Brian L. Pessin 10 percent owner 310 EAST 75TH STREET, APT. 2A, NEW YORK NY 10021
Jeffrey Dirubio officer: VP of Sales and Marketing 22 EAST BROADWAY, GARDNER MA 01440
Stuart Steinberg 10 percent owner 85 BELLEVUE AVENUE, RYE NY 10580
Daniel S Habhegger officer: Chief Financial Officer 22 EAST BROADWAY, GARDNER MA 01440
Divaker Mangadu officer: Pres., Ross Optical Division 22 EAST BROADWAY, GARDNER MA 01440
Hershey Strategic Capital, Lp 10 percent owner C/O HERSHEY STRATEGIC CAPITAL GP, LLC, 6 POMPANO ROAD, RUMSON NJ 07760
Peter H Woodward director 30 WEST 63RD STREET, SUITE 18G, NEW YORK NY 10023
Andrew J Miclow director C/O PRECISION OPTICS CORPORATION INC., 22 EAST BROADWAY, GARDNER MA 01440